Podcasts about income protection

I've seen too many people build businesses that look good online… But can't survive if they take a week off. This episode is the one I had to make, because it's time we talk about what real wealth looks like when you're neurodivergent, parenting, running a business (or three), and trying to live a life that actually feels good. In this episode, I'm sharing:

With recent market turbulence — fueled by geopolitical tensions, rising oil prices, tariffs, and inflation — many retirees are feeling the pressure. How do you stay grounded when everything is shifting? In this week's podcast, we break down how these forces can impact your retirement income strategy and why having a proactive, long-term plan is more important than ever. What you'll learn: - How Fed policy is evolving in response to rising energy costs and global conflict - Why keeping a cash reserve and avoiding emotional moves matters now  - Strategies to adjust your portfolio during periods of sustained volatility Listen in.  >>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>  LET'S CONNECT Show website: https://www.providencefinancialpodcast.com Find us at: https://www.providencefinancialinc.com Get to know Anthony: https://anthonysaccaro.com Anthony's book: https://morelifethanmoneybook.com Amazon Author Page: https://amazon/author/anthonysaccaro YouTube: https://www.youtube.com/c/AnthonySaccaro/featured Radio: https://www.providencefinancialradio.com Yelp: https://www.yelp.com/biz/providence-financial-and-insurance-services-inc-woodland-hills Facebook: https://www.facebook.com/Providence.FinancialInc/ Twitter: https://twitter.com/AnthonySaccaro LinkedIN: https://www.linkedin.com/in/anthonysaccaro/  

We take the time this week to explore the evolving dynamics of retirement planning. Gone are the days when a 30-year tenure at a single company culminated in a comfortable pension and a worry-free retirement. Today, retirees face a complex array of challenges, including inflation, market volatility, and the gradual disappearance of traditional pension plans.​ We delve into how the Federal Reserve's monetary policies influence interest rates, impacting both savings and investment returns. We also discuss the shift from defined benefit to defined contribution plans, placing more responsibility on individuals to manage their retirement savings effectively.​ With life expectancies extending into the late 80s and beyond, the need for a sustainable retirement income strategy has never been more critical. We also address your listener questions, providing insights into creating a resilient financial plan that accounts for longer lifespans, healthcare costs, and the need for income distribution strategies that adapt to changing economic conditions.​ Listen in. >>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>  LET'S CONNECT Show website: https://www.providencefinancialpodcast.com Find us at: https://www.providencefinancialinc.com Get to know Anthony: https://anthonysaccaro.com Anthony's book: https://morelifethanmoneybook.com Amazon Author Page: https://amazon/author/anthonysaccaro YouTube: https://www.youtube.com/c/AnthonySaccaro/featured Radio: https://www.providencefinancialradio.com Yelp: https://www.yelp.com/biz/providence-financial-and-insurance-services-inc-woodland-hills Facebook: https://www.facebook.com/Providence.FinancialInc/ Twitter: https://twitter.com/AnthonySaccaro LinkedIN: https://www.linkedin.com/in/anthonysaccaro/ ​

This week's podcast sheds light on seven critical yet often overlooked warning signs that could derail your retirement plans.  1. Market Volatility: Sudden market swings can significantly impact your retirement savings, especially if they occur early in your retirement. Understanding sequence of returns risk is crucial to safeguarding your nest egg.  2. Inflation's Silent Erosion: Over time, inflation can diminish your purchasing power, affecting your ability to maintain your desired lifestyle. It's essential to have strategies in place to combat this silent threat.  3. Outdated Estate Plans: Life changes, and so should your estate plan. Failing to update your estate documents can lead to unintended consequences for your heirs. 4. Overspending in Early Retirement: The initial years of retirement can be exciting, but excessive spending during this period can jeopardize your long-term financial security. 5. Lack of a Comprehensive Retirement Plan: Without a structured plan, you may find yourself unprepared for the financial challenges of retirement. A well-thought-out strategy is essential for peace of mind.  6. Staying Stuck in the Risky Growth Phase: While growth investments have their place, failing to adjust your portfolio as you age can expose you to unnecessary risks. It's vital to reassess and rebalance your investments periodically. 7. Neglecting to Rebalance Your Portfolio: Over time, your asset allocation can drift from its intended targets. Regular rebalancing ensures your portfolio remains aligned with your risk tolerance and financial goals. Listen in.  >>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>  LET'S CONNECT Show website: https://www.providencefinancialpodcast.com Find us at: https://www.providencefinancialinc.com Get to know Anthony: https://anthonysaccaro.com Anthony's book: https://morelifethanmoneybook.com Amazon Author Page: https://amazon/author/anthonysaccaro YouTube: https://www.youtube.com/c/AnthonySaccaro/featured Radio: https://www.providencefinancialradio.com Yelp: https://www.yelp.com/biz/providence-financial-and-insurance-services-inc-woodland-hills Facebook: https://www.facebook.com/Providence.FinancialInc/ Twitter: https://twitter.com/AnthonySaccaro LinkedIN: https://www.linkedin.com/in/anthonysaccaro/

This week's podcast is focused on the intricacies of Required Minimum Distributions (RMDs) and Roth IRA conversions—two pivotal elements in retirement planning. With the age for initiating RMDs now set at 73, retirees are compelled to withdraw a minimum amount annually from their traditional retirement accounts, potentially escalating their taxable income. We explore strategies to manage these distributions effectively, including the timing of withdrawals and the implications of deferring the first RMD to April 1 following the year one turns 73. Transitioning to Roth IRA conversions, the discussion highlights how converting traditional IRA funds to a Roth IRA can offer tax-free growth and eliminate future RMDs. However, this strategy requires careful consideration of current tax brackets, potential Medicare premium increases, and the availability of non-retirement funds to pay the taxes due upon conversion. We also address advanced concepts such as: - Strategic Timing of Conversions to minimize tax impact  - Partial Conversions (preading conversions over several years to manage tax liabilities and avoid pushing into higher tax brackets)  - Legacy Planning (leveraging Roth IRAs to provide tax-free inheritances to beneficiaries, enhancing estate planning strategies)  Listen in. >>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>  LET'S CONNECT Show website: https://www.providencefinancialpodcast.com Find us at: https://www.providencefinancialinc.com Get to know Anthony: https://anthonysaccaro.com Anthony's book: https://morelifethanmoneybook.com Amazon Author Page: https://amazon/author/anthonysaccaro YouTube: https://www.youtube.com/c/AnthonySaccaro/featured Radio: https://www.providencefinancialradio.com Yelp: https://www.yelp.com/biz/providence-financial-and-insurance-services-inc-woodland-hills Facebook: https://www.facebook.com/Providence.FinancialInc/ Twitter: https://twitter.com/AnthonySaccaro LinkedIN: https://www.linkedin.com/in/anthonysaccaro/

This week on the podcast we delve into the rising interest in annuities as a response to current economic uncertainties. With market volatility, discussions of potential recessions, and global tensions, many retirees are seeking stability over growth, making annuities an attractive option for guaranteed income.​ We explore how annuities function, their benefits in providing a steady income stream, and the reasons behind their recent surge in popularity. However, it's essential to understand that annuities aren't a one-size-fits-all solution. We'll discuss scenarios where annuities might not be the best fit, highlighting potential drawbacks such as fees, liquidity concerns, and the importance of aligning financial products with individual retirement goals.​ Tune in to gain a comprehensive understanding of annuities and determine if they align with your retirement strategy in these unpredictable times.​ >>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>  LET'S CONNECT Show website: https://www.providencefinancialpodcast.com Find us at: https://www.providencefinancialinc.com Get to know Anthony: https://anthonysaccaro.com Anthony's book: https://morelifethanmoneybook.com Amazon Author Page: https://amazon/author/anthonysaccaro YouTube: https://www.youtube.com/c/AnthonySaccaro/featured Radio: https://www.providencefinancialradio.com Yelp: https://www.yelp.com/biz/providence-financial-and-insurance-services-inc-woodland-hills Facebook: https://www.facebook.com/Providence.FinancialInc/ Twitter: https://twitter.com/AnthonySaccaro LinkedIN: https://www.linkedin.com/in/anthonysaccaro/

In this episode of the Providence Financial Retirement Show, we discuss the recent implementation of President Trump's tariffs and their potential impact on the economy and retirees. With tariffs reaching up to 145% on Chinese imports, consumers may face higher prices on everyday goods, from electronics to clothing. Anthony discusses how these tariffs, intended to protect domestic industries and influence trade negotiations, can lead to increased inflation and market volatility. For retirees on fixed incomes, this could mean a decrease in purchasing power and potential adjustments to retirement plans. The episode also explores strategies to mitigate these risks, emphasizing the importance of diversification and a balanced portfolio. By understanding the broader economic implications of tariffs, retirees can make informed decisions to safeguard their financial future. Listen in to gain insights on how to navigate the complexities of the current economic landscape and ensure a stable and secure retirement. >>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>  LET'S CONNECT Show website: https://www.providencefinancialpodcast.com Find us at: https://www.providencefinancialinc.com Get to know Anthony: https://anthonysaccaro.com Anthony's book: https://morelifethanmoneybook.com Amazon Author Page: https://amazon/author/anthonysaccaro YouTube: https://www.youtube.com/c/AnthonySaccaro/featured Radio: https://www.providencefinancialradio.com Yelp: https://www.yelp.com/biz/providence-financial-and-insurance-services-inc-woodland-hills Facebook: https://www.facebook.com/Providence.FinancialInc/ Twitter: https://twitter.com/AnthonySaccaro LinkedIN: https://www.linkedin.com/in/anthonysaccaro/  

In this episode of the podcast, we delve into the often-overlooked emotional aspects of retirement planning. While market corrections, geopolitical tensions, and economic uncertainties can stir anxiety, it's the mastery over our emotional responses that truly determines retirement success.​ A successful retirement isn't solely about the size of your portfolio but about ensuring a steady income stream that lasts a lifetime. Drawing parallels between financial strategies and emotional preparedness, we discuss how understanding concepts like sequence of returns risk and maintaining a diversified portfolio can safeguard your retirement income. Moreover, we highlight the importance of having a well-thought-out plan that anticipates market volatility, ensuring that decisions are made based on strategy rather than emotion.​ Listen in to gain insights on how to align your financial plans with emotional resilience, ensuring that your retirement years are not only financially secure but also filled with peace of mind.​ >>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>  LET'S CONNECT Show website: https://www.providencefinancialpodcast.com Find us at: https://www.providencefinancialinc.com Get to know Anthony: https://anthonysaccaro.com Anthony's book: https://morelifethanmoneybook.com Amazon Author Page: https://amazon/author/anthonysaccaro YouTube: https://www.youtube.com/c/AnthonySaccaro/featured Radio: https://www.providencefinancialradio.com Yelp: https://www.yelp.com/biz/providence-financial-and-insurance-services-inc-woodland-hills Facebook: https://www.facebook.com/Providence.FinancialInc/ Twitter: https://twitter.com/AnthonySaccaro LinkedIN: https://www.linkedin.com/in/anthonysaccaro/

Send us a textIn Episode 62 of The Vault, we discuss this week's controversial opinion, “There's no incentive to pay off your overdraft”. We then dive into our listener dilemmas:

In this week's podcast, we delve into four critical aspects of retirement planning that can significantly impact your financial future.​ - Roth Conversions: This strategy involves transferring funds from a traditional IRA or 401(k) to a Roth IRA, paying taxes on the converted amount now to enjoy tax-free withdrawals later. It's particularly beneficial if you anticipate higher tax rates in the future or want to reduce required minimum distributions (RMDs) in retirement. ​ - Inflation: Over time, rising prices can erode the purchasing power of your retirement savings. Even modest inflation rates can significantly impact your ability to maintain your desired lifestyle, making it essential to incorporate inflation-protected investments into your portfolio. ​ - Sequence of Returns Risk: This refers to the danger of experiencing poor investment returns early in retirement, which can deplete your portfolio more rapidly due to simultaneous withdrawals. Implementing strategies like adjusting withdrawal rates or maintaining a diversified portfolio can help mitigate this risk. ​ - Bonds: Traditionally seen as a stable income source, bonds can provide diversification and reduce overall portfolio volatility. However, in certain economic climates, such as periods of rising interest rates or inflation, bonds may underperform, necessitating a reassessment of their role in your investment strategy. ​ Listen in as we explore these topics to help you make informed decisions for a secure and comfortable retirement.​  >>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>  LET'S CONNECT Show website: https://www.providencefinancialpodcast.com Find us at: https://www.providencefinancialinc.com Get to know Anthony: https://anthonysaccaro.com Anthony's book: https://morelifethanmoneybook.com Amazon Author Page: https://amazon/author/anthonysaccaro YouTube: https://www.youtube.com/c/AnthonySaccaro/featured Radio: https://www.providencefinancialradio.com Yelp: https://www.yelp.com/biz/providence-financial-and-insurance-services-inc-woodland-hills Facebook: https://www.facebook.com/Providence.FinancialInc/ Twitter: https://twitter.com/AnthonySaccaro LinkedIN: https://www.linkedin.com/in/anthonysaccaro/

In this episode, we explore how retirement planning can resemble a magic show—filled with illusions that may mislead.We'll discuss how perceived low-risk investments might carry hidden dangers, the importance of distinguishing between market volatility and actual financial loss, and the value of having a knowledgeable advisor to guide you through the complexities. Just as a magician's assistant is crucial to the performance, a trusted financial advisor can be essential in navigating your retirement journey. Join us as we uncover the truths behind the myths and help you plan for a retirement that's grounded in reality.​ Listen in.  >>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>  LET'S CONNECT Show website: https://www.providencefinancialpodcast.com Find us at: https://www.providencefinancialinc.com Get to know Anthony: https://anthonysaccaro.com Anthony's book: https://morelifethanmoneybook.com Amazon Author Page: https://amazon/author/anthonysaccaro YouTube: https://www.youtube.com/c/AnthonySaccaro/featured Radio: https://www.providencefinancialradio.com Yelp: https://www.yelp.com/biz/providence-financial-and-insurance-services-inc-woodland-hills Facebook: https://www.facebook.com/Providence.FinancialInc/ Twitter: https://twitter.com/AnthonySaccaro LinkedIN: https://www.linkedin.com/in/anthonysaccaro/

In this week's episode, we delve into the recent market volatility and the factors contributing to it, including trade policy uncertainties and economic growth concerns. We discuss the importance of having a well-structured plan that anticipates market fluctuations, ensuring you're prepared to respond calmly rather than react emotionally. Just as regular health check-ups can catch issues early, proactive portfolio planning can help you navigate market downturns effectively. Listen in to learn how being properly invested for your phase of life can turn market corrections into opportunities rather than setbacks.​ >>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>  LET'S CONNECT Show website: https://www.providencefinancialpodcast.com Find us at: https://www.providencefinancialinc.com Get to know Anthony: https://anthonysaccaro.com Anthony's book: https://morelifethanmoneybook.com Amazon Author Page: https://amazon/author/anthonysaccaro YouTube: https://www.youtube.com/c/AnthonySaccaro/featured Radio: https://www.providencefinancialradio.com Yelp: https://www.yelp.com/biz/providence-financial-and-insurance-services-inc-woodland-hills Facebook: https://www.facebook.com/Providence.FinancialInc/ Twitter: https://twitter.com/AnthonySaccaro LinkedIN: https://www.linkedin.com/in/anthonysaccaro/

This episode is sponsored by: Set For Life InsuranceSet For Life Insurance helps doctors safeguard their future with True Own Occupational Disability Insurance. A single injury or illness can change everything, but the best physicians plan ahead. Protect your income and secure your future before life makes the choice for you. Your career deserves protection—act now at https://www.doctorpodcastnetwork.co/setforlife_______What happens if an injury or illness stops you from practicing medicine? In this episode, Dr. Bradley Block sits down with Jamie Fleischner to explore how physicians can protect their financial stability with disability and life insurance. With over 30 years of experience, Jamie shares actionable insights for mid-career doctors reassessing their coverage, from navigating group policies to calculating life insurance needs for a non-breadwinner spouse. They discuss when to update policies (hint: every major life event), the pitfalls of relying solely on group coverage, and strategies to optimize premiums without sacrificing security. Whether you're a resident or nearing retirement, this episode offers practical steps to ensure your income and family are safe no matter what life throws at you.Three Actionable Takeaways:Reassess Every Three Years or After Life Events: Review your disability and life insurance at least every three years or after major changes like marriage, kids, or a new job to ensure coverage matches your current needs.Supplement Group Policies: Add an individual disability policy for portability and “own occupation” protection—group plans often cap benefits and don't cover specialty-specific disabilities.Calculate Life Insurance: For a spouse, estimate monthly replacement costs (e.g., childcare, household help)—$1 million in coverage yields about $4,000/month—and set the term until kids are independent.About the Show:The Physician's Guide to Doctoring covers patient interactions, burnout, career growth, personal finance, and more. If you're tired of dull medical lectures, tune in for real-world lessons we should have learned in med school!About the Guest:Jamie Fleischner is the founder and president of Set for Life Insurance, a company dedicated to helping physicians secure disability and life insurance since 1993. With over 30 years of experience, she has worked with more than 30,000 doctors across the country, offering tailored solutions like Guaranteed Standard Issue (GSI) disability insurance. Inspired by her personal experience caring for her mother during a double lung transplant, Jamie is passionate about ensuring physicians protect their income and financial stability.Set for Life : https://www.setforlifeinsurance.com/About the Host:Dr. Bradley Block is a board-certified otolaryngologist at ENT and Allergy Associates in Garden City, NY. He specializes in adult and pediatric ENT, with interests in sinusitis and obstructive sleep apnea. Dr. Block also hosts The Physician's Guide to Doctoring podcast, focusing on personal and professional development for physicians.Want to be a guest?Email Brad at brad@physiciansguidetodoctoring.com or visit www.physiciansguidetodoctoring.com to learn more!Socials:@physiciansguidetodoctoring on Facebook@physicianguidetodoctoring on YouTube@physiciansguide on Instagram and Twitter  Visit www.physiciansguidetodoctoring.com to connect, dive deeper, and keep the conversation going. Let's grow! Disclaimer:This podcast is for informational purposes only and is not a substitute for professional medical, financial, or legal advice. Always consult a qualified professional for personalized guidance.

In this episode, we explore critical areas where procrastination can lead to unexpected challenges in retirement. By addressing these issues early, you can ensure a more secure and comfortable future:​ 1. Tax Planning: Delaying tax strategies can result in higher liabilities during retirement. Proactive planning helps minimize taxes on withdrawals and investments, preserving more of your savings. ​ 2. Long-Term Care: Many underestimate the likelihood of needing long-term care, which can be costly. Early planning, including considering insurance options, can protect your assets and provide peace of mind. ​ 3. Home Maintenance: Neglecting regular upkeep can lead to significant expenses down the line. Addressing repairs promptly maintains your home's value and prevents larger issues during retirement.​ 4. Retirement Account Withdrawals: Without a clear strategy, you risk depleting your savings too quickly or facing unexpected tax consequences. Understanding withdrawal rates and tax implications is crucial for sustaining your income. ​ 5. Estate Planning: Postponing the creation of a comprehensive estate plan can lead to legal complications and unintended asset distribution. Establishing wills, trusts, and powers of attorney ensures your wishes are honored and your loved ones are protected. ​ By taking action in these areas now, you can prevent future discomfort and secure a more predictable and comfortable retirement.​ >>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>  LET'S CONNECT Show website: https://www.providencefinancialpodcast.com Find us at: https://www.providencefinancialinc.com Get to know Anthony: https://anthonysaccaro.com Anthony's book: https://morelifethanmoneybook.com Amazon Author Page: https://amazon/author/anthonysaccaro YouTube: https://www.youtube.com/c/AnthonySaccaro/featured Radio: https://www.providencefinancialradio.com Yelp: https://www.yelp.com/biz/providence-financial-and-insurance-services-inc-woodland-hills Facebook: https://www.facebook.com/Providence.FinancialInc/ Twitter: https://twitter.com/AnthonySaccaro LinkedIN: https://www.linkedin.com/in/anthonysaccaro/

Hi everyone, we have Jo Miller back with us to talk about all things Income Protection. The last time Jo joined us was in 2023 to talk about the brilliant Income Protection Taskforce and there have been a lot of changes since then. With a new Board and lots of changes in the IP world, Jo is bringing us some great insights from the IPTF profile of an IP customer report.We are going through what's working well in the IP world and what we would like to see change if we had a magic wand. I know that my magic wand wish will not be popular with many people!The key takeaways:Men are still far more likely to take out income protection than women The IPTF are wanting to promote the way that ASU products can work, where income protection is not possibleA case study of arranging income protection for a Barrister, where you must be on top of how the deferred period is going to work with their ongoing income streamNext time Lee Doran from William Russell is joining me to discuss international protection insurance. We've been planning what we will chat about and I'm very excited as I advise in this area, and we're really going to get into why underwriting international cover is not always straightforward.Remember, if you are listening to this as part of your work, you can claim a CPD certificate on our website.

In this episode, we examine eight common retirement expectations and contrast them with the realities many retirees face: 1.  Lower Expenses: Many anticipate reduced living costs in retirement, but factors like healthcare, travel, and leisure activities can keep expenses high. 2. Manageable Healthcare Costs: While some believe Medicare will cover all health expenses, out-of-pocket costs for services like dental, vision, and long-term care can be substantial. 3. Reduced Taxes: It's a common belief that taxes decrease in retirement; however, withdrawals from tax-deferred accounts and other income sources may keep tax liabilities significant. 4. Optimal Social Security Strategy: Many assume they're maximizing Social Security benefits, yet factors like timing and spousal benefits can greatly influence the amount received. 5. Continuing to Work: Some plan to work part-time during retirement, but health issues or job market challenges can hinder this intention. 6. Reliable Financial Advice: Trusting that all financial advisors have one's best interests at heart can be misguided; it's essential to ensure advisors are fiduciaries committed to acting in your favor. 7. Consistent Investment Income: Relying solely on investments for income assumes market stability, yet market volatility can impact returns and financial security. 8. Certainties in Retirement: While some aspects are unpredictable, retirees can anticipate factors like market fluctuations, legislative changes, inflation, and unforeseen expenses, emphasizing the need for flexible planning. Listen in as we explore these topics to help you better prepare for a retirement that aligns with reality.  >>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>  LET'S CONNECT Show website: https://www.providencefinancialpodcast.com Find us at: https://www.providencefinancialinc.com Get to know Anthony: https://anthonysaccaro.com Anthony's book: https://morelifethanmoneybook.com Amazon Author Page: https://amazon/author/anthonysaccaro YouTube: https://www.youtube.com/c/AnthonySaccaro/featured Radio: https://www.providencefinancialradio.com Yelp: https://www.yelp.com/biz/providence-financial-and-insurance-services-inc-woodland-hills Facebook: https://www.facebook.com/Providence.FinancialInc/ Twitter: https://twitter.com/AnthonySaccaro LinkedIN: https://www.linkedin.com/in/anthonysaccaro/

This star of US adventure climbing shone brightly in the early 2000s with big free ascents on El Cap at a time when few ventured there without aid. Big solos, desert sandstone crack testpieces, expeditions to Kyrgyzstan, Baffin and Paragonia, amongst others, made her one of the most experienced adventureclimbers of her day. Later years saw the adventures continue with the embracing of base jumping and wingsuit flying. Beyond all these has  lain a thoughtful and considered approach, always ready to self check and ask twice. Skills that surely came to the fore during tough times around loss of sponsorship and latterly, personal tragedy.  Steph lays it all out with a thousand laughs along the way.  Such fun, so honest. Check this, part one of this two-part interview.  Support in this episode from Summit Financial Services. Summit Financial Services have been providing Life Insurance, Income Protection and Critical Illness Cover for climbers for over 25 years. Speak to a climbing and mountaineering specialist today on 0345 565 0935 or click here for quote https://www.summit-fs.co.uk/

In this episode, we challenge conventional retirement planning approaches that may not suit everyone's unique needs: The Buy-and-Hold Dilemma: Wall Street often promotes a buy-and-hold strategy, encouraging investments in stocks and mutual funds without considering how to convert these assets into usable income during retirement. Without a clear plan to liquidate these assets, retirees might struggle to access their wealth when needed.​ The 4% Withdrawal Rule Revisited: Traditionally, retirees have been advised to withdraw 4% of their portfolio annually to sustain their retirement funds. However, recent analyses suggest that this rule may no longer be as reliable, especially given today's economic conditions and longer life expectancies. Market Resilience Assumptions: Advisors often reassure clients to "hang in there" during market downturns, asserting that markets will rebound over time. While this may hold true in the long run, it doesn't account for individual circumstances, such as age and risk tolerance, which are crucial in retirement planning.​ Join us as we explore these topics and discuss personalized strategies to ensure your retirement plan aligns with your unique goals and circumstances. >>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>  LET'S CONNECT Show website: https://www.providencefinancialpodcast.com Find us at: https://www.providencefinancialinc.com Get to know Anthony: https://anthonysaccaro.com Anthony's book: https://morelifethanmoneybook.com Amazon Author Page: https://amazon/author/anthonysaccaro YouTube: https://www.youtube.com/c/AnthonySaccaro/featured Radio: https://www.providencefinancialradio.com Yelp: https://www.yelp.com/biz/providence-financial-and-insurance-services-inc-woodland-hills Facebook: https://www.facebook.com/Providence.FinancialInc/ Twitter: https://twitter.com/AnthonySaccaro LinkedIN: https://www.linkedin.com/in/anthonysaccaro/

In this episode, we delve into two primary strategies for funding your retirement: Income Method (Interest and Dividends): This approach focuses on generating income by investing in assets that provide regular interest or dividend payments, such as bonds or dividend-paying stocks. By living off this income, you preserve your principal investment, potentially extending the longevity of your portfolio. Withdrawal Method (Selling Shares): This strategy involves systematically selling portions of your investment portfolio to fund your retirement expenses. A common guideline here is the "4% rule," which suggests withdrawing 4% of your portfolio in the first year of retirement and adjusting that amount for inflation in subsequent years. However, this method can be vulnerable to market fluctuations and may risk depleting your assets over time. If you've been following our show, you likely know which method we favor. Listen in to learn more about these strategies and discover why we advocate for one over the other. >>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>  LET'S CONNECT Show website: https://www.providencefinancialpodcast.com Find us at: https://www.providencefinancialinc.com Get to know Anthony: https://anthonysaccaro.com Anthony's book: https://morelifethanmoneybook.com Amazon Author Page: https://amazon/author/anthonysaccaro YouTube: https://www.youtube.com/c/AnthonySaccaro/featured Radio: https://www.providencefinancialradio.com Yelp: https://www.yelp.com/biz/providence-financial-and-insurance-services-inc-woodland-hills Facebook: https://www.facebook.com/Providence.FinancialInc/ Twitter: https://twitter.com/AnthonySaccaro LinkedIN: https://www.linkedin.com/in/anthonysaccaro/

Retirement isn't just about leaving work — it's about stepping into a new chapter of life with purpose and intention. But too many retirees find themselves feeling lost once they're no longer defined by their careers. Who are you now, and what will you do to stay fulfilled? In this episode, we'll discuss how to be proactive in shaping a meaningful retirement. We'll cover: ✔️ The importance of staying active and setting clear personal goals ✔️ How to redefine your identity and purpose beyond your job ✔️ Making the crucial shift from the accumulation phase to the distribution phase of your financial life ✔️ Strategies to ensure your retirement years are not just financially secure, but deeply fulfilling Retirement is your time to thrive, not just coast. Listen in and learn how to create a life you love in this next phase.  >>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>  LET'S CONNECT Show website: https://www.providencefinancialpodcast.com Find us at: https://www.providencefinancialinc.com Get to know Anthony: https://anthonysaccaro.com Anthony's book: https://morelifethanmoneybook.com Amazon Author Page: https://amazon/author/anthonysaccaro YouTube: https://www.youtube.com/c/AnthonySaccaro/featured Radio: https://www.providencefinancialradio.com Yelp: https://www.yelp.com/biz/providence-financial-and-insurance-services-inc-woodland-hills Facebook: https://www.facebook.com/Providence.FinancialInc/ Twitter: https://twitter.com/AnthonySaccaro LinkedIN: https://www.linkedin.com/in/anthonysaccaro/

In this weeks Money Moments we dive into Income protection and why it's THE most important insurance but interestingly one of the least used. ---------

Just like sports, retirement requires a solid game plan. Are you ready for the biggest game of your life? In this episode, we'll walk you through the Retirement Playbook — a strategic guide to ensure all the components of your retirement work together seamlessly so you can win the retirement game. But what does “winning” in retirement actually mean? It's about having financial security, peace of mind, and the freedom to enjoy life on your terms. Just as no sports team relies on a single play, your retirement shouldn't depend on just one strategy. We'll discuss how to build a flexible plan that can adapt to whatever life throws your way. And just as important as the playbook is choosing the right coach. In the second half of life, you need an advisor who focuses on defense — protecting your assets — rather than risky offensive plays. Listen in to learn how to create a winning retirement strategy and make sure you're fully prepared for “game day”. >>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>  LET'S CONNECT Show website: https://www.providencefinancialpodcast.com Find us at: https://www.providencefinancialinc.com Get to know Anthony: https://anthonysaccaro.com Anthony's book: https://morelifethanmoneybook.com Amazon Author Page: https://amazon/author/anthonysaccaro YouTube: https://www.youtube.com/c/AnthonySaccaro/featured Radio: https://www.providencefinancialradio.com Yelp: https://www.yelp.com/biz/providence-financial-and-insurance-services-inc-woodland-hills Facebook: https://www.facebook.com/Providence.FinancialInc/ Twitter: https://twitter.com/AnthonySaccaro LinkedIN: https://www.linkedin.com/in/anthonysaccaro/

Got questions about retirement? You're not alone! In this special Q&A episode, we're tackling some of the most common questions we've received, including:

With well over two millions subscibers to his YouTube channel, Magnus Midtbø is one of the most famous climbers in the world. But what lies behind this Norwegian tough guy. Magnus joined Jam Crack in a live event at the KMF to find out. Support from Summit Financial Services. Summit Financial Services have been providing Life Insurance, Income Protection and Critical Illness Cover for climbers for over 25 years. Speak to a climbing and mountaineering specialist today on 0345 565 0935 or click here for quote https://www.summit-fs.co.uk/

From an unexpected connection to transforming the insurance industry! In this episode of *Who You Work With Matters, host Aaron Levine sits down with Jason Melando to explore how relationships shape success, why income protection is more important than ever, and how their VIP insurance services are redefining the client experience. Aaron and Jason share the story of how a chance meeting in South Beach led to a thriving business partnership and discuss why your paycheck—not your home—is actually your most valuable asset. They break down common misconceptions about income protection, the risks of relying solely on employer-provided insurance, and how younger generations are approaching life and long-term care planning. Plus, they dive into how AI and automation are changing the insurance landscape and why personalized risk management will always be essential.

A secure and stress-free retirement doesn't happen by chance — it requires understanding key financial concepts that can make or break your retirement plan. In this episode, we're covering eight crucial retirement principles that every retiree and pre-retiree should know, including: ✅ Sequence of Returns Risk – Why market downturns early in retirement can be devastating ✅ The 4% Rule – Is it still a reliable withdrawal strategy? ✅ Longevity Risk – How to make sure your money lasts as long as you do ✅ Bond Laddering – A smart way to generate steady income ✅ Required Minimum Distributions (RMDs) – What you need to know to avoid penalties ✅ Asset Allocation – Finding the right balance between growth and security ✅ Inflation Risk – How rising costs impact your retirement income ✅ The Bucket Strategy – A structured approach to managing your retirement funds Ignoring these concepts could lead to costly mistakes — but understanding them can help you retire with confidence. Listen in to learn how to protect and grow your wealth for the long haul. >>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>  LET'S CONNECT Show website: https://www.providencefinancialpodcast.com Find us at: https://www.providencefinancialinc.com Get to know Anthony: https://anthonysaccaro.com Anthony's book: https://morelifethanmoneybook.com Amazon Author Page: https://amazon/author/anthonysaccaro YouTube: https://www.youtube.com/c/AnthonySaccaro/featured Radio: https://www.providencefinancialradio.com Yelp: https://www.yelp.com/biz/providence-financial-and-insurance-services-inc-woodland-hills Facebook: https://www.facebook.com/Providence.FinancialInc/ Twitter: https://twitter.com/AnthonySaccaro LinkedIN: https://www.linkedin.com/in/anthonysaccaro/

Need to review your Income Protection?Connect with Warren here: https://www.dentistswhoinvest.com/income-protection———————————————————————You can download your FREE report on how you can avoid financial mistakes as a dentist using the link just here >>>  dentistswhoinvest.com/podcastreport———————————————————————Discover how to safeguard your career as a dentist with expert insights from Warren Robbins, as we unravel the complexities of income protection insurance. Master the art of selecting the right coverage that ensures you're financially secure if you can't perform your dental duties. This episode lays bare the myths surrounding insurance providers and highlights the pivotal role of "own occupation" policies. We promise you'll walk away with a clear understanding of why dentists should prioritize this type of coverage over alternatives like "activities of daily living" or "specified work tasks," which may leave you unprotected at critical times.Our discussion doesn't stop there—we also shine a light on the importance of critical illness cover and total permanent disability (TPD) insurance tailored for professionals who rely on their fine motor skills. Hear Warren's compelling real-world example of a client who secured a substantial payout under an "own occupation" TPD policy, underscoring its crucial value. Amidst a dwindling number of insurers offering this specialized coverage, we offer guidance on navigating these choices wisely. Tune in to learn how to make informed decisions that protect your practice and livelihood, and consider reaching out to Warren for personalized advice or a consultation.———————————————————————Disclaimer: All content on this channel is for education purposes only and does not constitute an investment recommendation or individual financial advice. For that, you should speak to a regulated, independent professional. The value of investments and the income from them can go down as well as up, so you may get back less than you invest. The views expressed on this channel may no longer be current. The information provided is not a personal recommendation for any particular investment. Tax treatment depends on individual circumstances and all tax rules may change in the future. If you are unsure about the suitability of an investment, you should speak to a regulated, independent professional.Send us a text

Retirement isn't just a single event — it's a journey with important milestones along the way. There are specific ages when you become eligible for certain benefits, gain new financial opportunities, or face new restrictions. Knowing these key moments can help you maximize your savings, avoid penalties, and make smarter decisions about your retirement future. In this episode, we'll break down 10 crucial retirement milestones, including: ✔️ age 50 (catch up contributions) ✔️ age 55 (401k early withdrawal exception) ✔️ age 59 1/2 (take money out of IRAs without any penalty, and do in-service withdrawals with your 401k) ✔️ age 60 (can start collecting survivor benefits for Social Security) ✔️ age 62 (earliest age to claim Social Security) ✔️ age 65 (can enroll in Medicare) ✔️ age 65-67 (full retirement age, when you can collect the full amount of Social Security you're entitled to) ✔️ age 70 (the latest you can wait to start collecting Social Security) ✔️ ages 73 and 75 (have to start taking Required Minimum Distributions out of pre-tax retirement accounts) Listen in to ensure you're prepared for every step of the journey. >>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>  LET'S CONNECT Show website: https://www.providencefinancialpodcast.com Find us at: https://www.providencefinancialinc.com Get to know Anthony: https://anthonysaccaro.com Anthony's book: https://morelifethanmoneybook.com Amazon Author Page: https://amazon/author/anthonysaccaro YouTube: https://www.youtube.com/c/AnthonySaccaro/featured Radio: https://www.providencefinancialradio.com Yelp: https://www.yelp.com/biz/providence-financial-and-insurance-services-inc-woodland-hills Facebook: https://www.facebook.com/Providence.FinancialInc/ Twitter: https://twitter.com/AnthonySaccaro LinkedIN: https://www.linkedin.com/in/anthonysaccaro/

In this episode of Charleston's Retirement Coach, Brandon Bowen discusses the importance of understanding personal expenses in retirement planning, the need for effective investment strategies, and the significance of having a well-structured retirement game plan. He emphasizes the balance between growth and protection in investments, the impact of AI on the market, and the necessity of making a big switch in portfolio management as one approaches retirement. Like what you hear? Get a second opinion today: bowenwealth.com Follow us on social media: YouTube | Facebook | LinkedInSee omnystudio.com/listener for privacy information.

Long-term care (LTC) insurance has changed, and it may not be as expensive or complicated as you think. In this episode, we break down asset-backed long-term care insurance—how it works, why it's different from traditional LTC policies, and whether it's the right solution for you. We'll also discuss what long-term care actually is, who might need it, and the common misconception that Medicare will cover these costs. While Medicare does provide some assistance, coverage is extremely limited—leaving many retirees exposed to significant out-of-pocket expenses. For example, after just 20 days of care, you could be responsible for up to $16,000 in co-payments over the next 30 days! If you want to protect your assets and ensure you have the right plan in place, this is a show you don't want to miss. Listen in to learn how to prepare for the future without breaking the bank. >>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>  LET'S CONNECT Show website: https://www.providencefinancialpodcast.com Find us at: https://www.providencefinancialinc.com Get to know Anthony: https://anthonysaccaro.com Anthony's book: https://morelifethanmoneybook.com Amazon Author Page: https://amazon/author/anthonysaccaro YouTube: https://www.youtube.com/c/AnthonySaccaro/featured Radio: https://www.providencefinancialradio.com Yelp: https://www.yelp.com/biz/providence-financial-and-insurance-services-inc-woodland-hills Facebook: https://www.facebook.com/Providence.FinancialInc/ Twitter: https://twitter.com/AnthonySaccaro LinkedIN: https://www.linkedin.com/in/anthonysaccaro/

The recent devastating fires in Southern California have been a harsh reminder of how quickly life can change. Many losses were irreplaceable—personal memorabilia, sentimental items, and even lives, in some cases, because warnings weren't heeded. Just as it's crucial to prepare for physical emergencies, the same applies to your retirement. In this episode, we discuss five essential steps to safeguard your financial future, no matter what lies ahead: 1️⃣ Building an emergency fund 2️⃣ Minimizing debt 3️⃣ Creating a sustainable withdrawal strategy 4️⃣ Preparing for healthcare costs 5️⃣ Stress-testing your portfolio for financial disasters Just because the past 15 years have been smooth doesn't mean the future will be. Listen in to learn how to protect your retirement from unexpected challenges—before it's too late.   >>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>  LET'S CONNECT Show website: https://www.providencefinancialpodcast.com Find us at: https://www.providencefinancialinc.com Get to know Anthony: https://anthonysaccaro.com Anthony's book: https://morelifethanmoneybook.com Amazon Author Page: https://amazon/author/anthonysaccaro YouTube: https://www.youtube.com/c/AnthonySaccaro/featured Radio: https://www.providencefinancialradio.com Yelp: https://www.yelp.com/biz/providence-financial-and-insurance-services-inc-woodland-hills Facebook: https://www.facebook.com/Providence.FinancialInc/ Twitter: https://twitter.com/AnthonySaccaro LinkedIN: https://www.linkedin.com/in/anthonysaccaro/

Relebogile speaks to Amanda John-Ncube. Co-founder of the LeanIn Circle for Women in Financial Planning unpacking everything you need to know about income protection insurance is, including its benefits and what it covers.See omnystudio.com/listener for privacy information.

The BiG Scuba Duo, Gemma and Ian visit Sports Financial Services to discuss the importance of Life Insurance for scuba divers as well as anyone else.  We chat to Harvey and James about the business and their bespoke and personal service for anyone wishing to discuss Life Insurance, Income Protection and Critical Illness Cover. Sports Financial specialises in providing tailored insurance solutions for individuals involved in high-risk and extreme sports, such as Scuba Diving and other active sports and hazardous occupation.  Recognising the added risks of injury, accident, or even death, they offer specialised life cover, critical illness protection, and income protection designed specifically for those with non-standard insurance needs. They are experts who you can trust so that your unique lifestyle is protected, giving you peace of mind. Whether you're looking for comprehensive coverage or seeking to safeguard your financial future against the unexpected, Sports Financial Services understand the nuances of high-risk activities and deliver policies that truly meet your needs. Get your free quote today by calling 0345 565 0935 or send an email info@sportsfinancial.co.uk https://sports-fs.co.uk/ https://www.facebook.com/sportinsureuk https://www.instagram.com/sportsfinancialservices/ The BiG Scuba Podcast is brought to you by Narked at 90.   “Beyond Technical”   Narked at 90    If you are thinking of moving across to tech diving or completely new to diving, Narked at 90 can advise and guide on the best equipment and set up for your personal or commercial requirements  https://www.narkedat90.com/. We hope you have enjoyed this episode of The BiG Scuba Podcast.  Please give us ★★★★★, leave a review, and tell your friends about us as each share and like makes a difference.   Contact Gemma and Ian with your messages, ideas and feedback via The BiG Scuba Bat Phone    +44 7810 005924   or use our social media platforms.   To keep up to date with the latest news, follow us: We are on Instagram                     @thebigscuba   We are on Facebook                      @thebigscuba   We are in LinkedIn                          https://www.linkedin.com/in/ian%F0%9F%A6%88-last-325b101b7/ The BiG Scuba Website                  www.thebigscuba.com Amazon Store :                                https://www.amazon.co.uk/shop/thebigscuba Visit   https://www.patreon.com/thebigscubapodcast and subscribe - Super quick and easy to do and it makes a massive difference. Thank you.  

It's hard to believe the time is already here, but starting this week we'll have a new President. With this transition, many retirees are wondering: How will the Trump Presidency impact my retirement over the next four years? In this episode, we break it down into two key areas: taxes and the economic environment. We'll discuss potential tax changes, how they could affect your retirement income, and what steps you can take to prepare. We'll also explore the broader economic outlook, including interest rates, market trends, and inflation, and what they mean for your investments and financial security. No matter what changes lie ahead, the key to a stress-free retirement is preparation. Listen in to learn what you need to know and how to keep your retirement strategy on track—no matter who's in office. >>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>  LET'S CONNECT Show website: https://www.providencefinancialpodcast.com Find us at: https://www.providencefinancialinc.com Get to know Anthony: https://anthonysaccaro.com Anthony's book: https://morelifethanmoneybook.com Amazon Author Page: https://amazon/author/anthonysaccaro YouTube: https://www.youtube.com/c/AnthonySaccaro/featured Radio: https://www.providencefinancialradio.com Yelp: https://www.yelp.com/biz/providence-financial-and-insurance-services-inc-woodland-hills Facebook: https://www.facebook.com/Providence.FinancialInc/ Twitter: https://twitter.com/AnthonySaccaro LinkedIN: https://www.linkedin.com/in/anthonysaccaro/  

This week's show is a little different! Over the holidays, we received a flood of great questions, and today we're dedicating the episode to answering as many as possible. We'll cover a range of topics, including taxes, annuities, reverse mortgages, and how fixed-income portfolios might react if the FED lowers interest rates. Listen in. >>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>  LET'S CONNECT Show website: https://www.providencefinancialpodcast.com Find us at: https://www.providencefinancialinc.com Get to know Anthony: https://anthonysaccaro.com Anthony's book: https://morelifethanmoneybook.com Amazon Author Page: https://amazon/author/anthonysaccaro YouTube: https://www.youtube.com/c/AnthonySaccaro/featured Radio: https://www.providencefinancialradio.com Yelp: https://www.yelp.com/biz/providence-financial-and-insurance-services-inc-woodland-hills Facebook: https://www.facebook.com/Providence.FinancialInc/ Twitter: https://twitter.com/AnthonySaccaro LinkedIN: https://www.linkedin.com/in/anthonysaccaro/

As we step into a new year, it's the perfect time to pause and reflect on your retirement journey. Take a moment to look back at last year — did you achieve the financial milestones you set? What worked well, and what could have been better? Reflecting on these experiences is key to making more informed decisions moving forward. Now, shift your focus to this year. What are your top priorities? This is what our first podcast of 2025 (and of season 6, would you believe it?) is all about — focusing on setting clear, actionable steps to secure your financial future:  - health care planning - tax strategies - reviewing your investments - creating a bucket list - emergency fund - lifestyle considerations - estate planning  Listen in.  >>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>  LET'S CONNECT Show website: https://www.providencefinancialpodcast.com Find us at: https://www.providencefinancialinc.com Get to know Anthony: https://anthonysaccaro.com Anthony's book: https://morelifethanmoneybook.com Amazon Author Page: https://amazon/author/anthonysaccaro YouTube: https://www.youtube.com/c/AnthonySaccaro/featured Radio: https://www.providencefinancialradio.com Yelp: https://www.yelp.com/biz/providence-financial-and-insurance-services-inc-woodland-hills Facebook: https://www.facebook.com/Providence.FinancialInc/ Twitter: https://twitter.com/AnthonySaccaro LinkedIN: https://www.linkedin.com/in/anthonysaccaro/

Personal insurances often something put in the 'too hard' basket, but to kick of the new year- good time to reflect and review. In this episode with Bluerock insurance advisor Jason Hugo, we explore: • when should you consider getting insurance (tip: easier to get when younger/healthier) •differences with income protection, TPD, trauma insurances • level vs stepped premiums, breakeven points •insurance changes since October 2021 •agreed value vs indemnity value •cancer diagnoses being common event for claims •case studies •is there such a thing as over-insurance?Music Credit: Bass Nation.Send in your questions to: passiveincomedoctors[AT]gmail.com

What if some of the beliefs guiding your retirement and investment decisions aren't true? In this episode, we dive into the critical difference between opinions—ideas that can't be proven—and facts, which are backed by evidence. Just as humanity once believed the Earth was flat or the center of the universe, we may be holding onto outdated assumptions about money, retirement, and investing. Join us as we question the “truths” we take for granted and explore how shifting your perspective can lead to smarter financial choices and a more secure retirement. We'll also dive into the seven main risks of retirement and how to prepare for them. Listen in.  >>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>  LET'S CONNECT Show website: https://www.providencefinancialpodcast.com Find us at: https://www.providencefinancialinc.com Get to know Anthony: https://anthonysaccaro.com Anthony's book: https://morelifethanmoneybook.com Amazon Author Page: https://amazon/author/anthonysaccaro YouTube: https://www.youtube.com/c/AnthonySaccaro/featured Radio: https://www.providencefinancialradio.com Yelp: https://www.yelp.com/biz/providence-financial-and-insurance-services-inc-woodland-hills Facebook: https://www.facebook.com/Providence.FinancialInc/ Twitter: https://twitter.com/AnthonySaccaro LinkedIN: https://www.linkedin.com/in/anthonysaccaro/

With a triple-red government ahead, one of the most common questions I hear is, "How should we invest now?" The truth is, the answer remains the same—your investment strategy should align with the phase of life you're in, regardless of who's in office. In this episode, we break down the three key life phases for investing: accumulation, protection, and distribution. Learn how to identify your phase, align your investments with your goals, and create a plan that ensures you can retire on schedule—no matter what happens in the world of politics. Listen in to gain peace of mind and clarity as we head into 2025. >>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>  LET'S CONNECT Show website: https://www.providencefinancialpodcast.com Find us at: https://www.providencefinancialinc.com Get to know Anthony: https://anthonysaccaro.com Anthony's book: https://morelifethanmoneybook.com Amazon Author Page: https://amazon/author/anthonysaccaro YouTube: https://www.youtube.com/c/AnthonySaccaro/featured Radio: https://www.providencefinancialradio.com Yelp: https://www.yelp.com/biz/providence-financial-and-insurance-services-inc-woodland-hills Facebook: https://www.facebook.com/Providence.FinancialInc/ Twitter: https://twitter.com/AnthonySaccaro LinkedIN: https://www.linkedin.com/in/anthonysaccaro/

In this episode of 'Retire with Style', Wade Pfau and Alex Murguia tackle a variety of questions related to retirement planning, including the necessity of international stocks, the implications of Roth conversions, and strategies for purchasing property with retirement funds. They also discuss potential reforms in Medicare and Social Security, and the importance of understanding funded ratios in retirement planning. The conversation emphasizes the need for diversification in investment portfolios and the significance of reliable income in retirement. Listen now to learn more!   Takeaways International stocks are not required but can provide diversification. Roth conversions can be beneficial even if tax rates decrease. Purchasing property with retirement funds requires careful tax planning. Future reforms in Medicare and Social Security remain uncertain. Understanding your funded ratio is crucial for retirement planning. Diversification is key in investment strategies for retirement. Reliable income sources should be prioritized in retirement planning. Tax-efficient distributions can help minimize tax burdens. Investing in international stocks can buffer against market volatility. It's important to assess personal comfort levels with investment locations. Chapters 00:00 Introduction and Overview 01:34 International Stocks: Necessity or Choice? 08:11 Roth IRA Conversions: Timing and Strategy 13:05 Tax-Efficient Distributions for Property Purchases 16:10 Medicare and Social Security: Future Reforms 21:45 Funded Ratios and Retirement Planning 28:14 Assessing Retirement Readiness 31:52 Income Protection and Asset Allocation   Links The Retirement Planning Guidebook: 2nd Edition has just been updated for 2024! Visit your preferred book retailer or simply click here to order your copy today: https://www.wadepfau.com/books/  This episode is sponsored by Retirement Researcher https://retirementresearcher.com/. Download their free eBook, 8 Tips to Becoming A Retirement Income Investor at retirementresearcher.com/8tips

Retirement is meant to be a time of freedom and enjoyment, but are you truly in charge of your financial future, or is it controlling you? Too often, I talk to retirees who are letting fear or indecision shape their retirement. Whether it's trying to avoid taxes, delaying Roth conversions, or ignoring the need to plan for long-term care, these choices can lead to worry and stress — even in retirement. When your retirement plan is set up the right way, you can enjoy life without stressing about the economy or politics. In this episode, we dive into strategies to help you take back the reins and ensure your retirement plan works for you so you can enjoy it fully — no matter what comes your way. Tune in to learn how to make your retirement truly yours. >>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>  LET'S CONNECT Show website: https://www.providencefinancialpodcast.com Find us at: https://www.providencefinancialinc.com Get to know Anthony: https://anthonysaccaro.com Anthony's book: https://morelifethanmoneybook.com Amazon Author Page: https://amazon/author/anthonysaccaro YouTube: https://www.youtube.com/c/AnthonySaccaro/featured Radio: https://www.providencefinancialradio.com Yelp: https://www.yelp.com/biz/providence-financial-and-insurance-services-inc-woodland-hills Facebook: https://www.facebook.com/Providence.FinancialInc/ Twitter: https://twitter.com/AnthonySaccaro LinkedIN: https://www.linkedin.com/in/anthonysaccaro/

He's had his dinner, he's met the Mexicans, and now he's back. German world shaker Alex Huber joins the Jam for the third part of his conversations. Amazing. Support from Summit Financial Services. Summit Financial Services have been providing Life Insurance, Income Protection and Critical Illness Cover for climbers for over 25 years. Speak to a climbing and mountaineering specialist today on 0345 565 0935 or click here for quote https://www.summit-fs.co.uk/

Pure soul. Julian is one of the UK's most extraordinary climbers, a stoic toejammer, a ramrod individualist, an aesthetic ascetic. Film star, prize-winning author, hermit. Get in!   Support (thank you) from Summit Financial Services. Summit Financial Services have been providing Life Insurance, Income Protection and Critical Illness Cover for climbers for over 25 years. Speak to a climbing and mountaineering specialist today on 0345 565 0937 or click here for quote https://www.summit-fs.co.uk/  

Need to review your Income Protection?Connect with Warren here: https://www.dentistswhoinvest.com/income-protection/———————————————————————You can download your FREE report on how you can avoid financial mistakes as a dentist using the link just here >>>  dentistswhoinvest.com/podcastreport———————————————————————With the help of life insurance expert Warren Robins, discover the keys to making wise decisions. Life insurance is frequently complicated, which might influence people to make decisions that aren't always in their best interests. We go over important ideas like whole-life insurance and term assurance in this episode which will help you comprehend how life insurance rates change over time and how decision-making can be influenced by our innate optimism bias.Imagine a future where your family's financial security isn't left to chance with a lump-sum payout. Discover the advantages of annuities and income replacement policies that offer a consistent financial safety net, as opposed to lump-sum policies that require careful management. Warren helps demystify the emotional influences of life insurance marketing, explaining why income replacement policies might be the peace-of-mind solution you've overlooked. We also discuss how using trusts can ensure your life insurance benefits reach the right beneficiaries without unnecessary delays.Don't fall into common misconceptions about life insurance. We highlight the importance of seeking expert advice, especially when securing coverage early to lock in favourable premiums. Learn how to avoid over-insurance and tailor your policy to your specific needs. Tune in and take control of your financial future by making smart, informed life insurance choices.———————————————————————Disclaimer: All content on this channel is for education purposes only and does not constitute an investment recommendation or individual financial advice. For that, you should speak to a regulated, independent professional. The value of investments and the income from them can go down as well as up, so you may get back less than you invest. The views expressed on this channel may no longer be current. The information provided is not a personal recommendation for any particular investment. Tax treatment depends on individual circumstances and all tax rules may change in the future. If you are unsure about the suitability of an investment, you should speak to a regulated, independent professional.Send us a text

In this episode of Your Retirement Planning Simplified, Joe and Lindsay examine the Income Protection Quadrant of the RISA framework, focusing on strategies to secure guaranteed income in retirement.   They discuss the benefits of annuities, defined benefit pensions, Canada Pension Plan (CPP), and Old Age Security (OAS) to create an income floor that covers essential expenses. For retirees who prioritize safety over growth, this approach minimizes uncertainty, making it ideal for those seeking financial security in volatile markets. Learn how to implement this strategy and optimize your retirement income plan for peace of mind.  Read the full show notes and find more information here: Ep 112 Show Notes

If you're unsure whether income protection insurance is right for you, this episode is a must-listen. Jess breaks down the 4 common reasons people use to avoid getting income protection insurance and shares her take on each one.To organise a one-on-one chat with Jess, or to check out either The Evergreen Money Growing Club or The Greenhouse Money Growing Program, click here.We hate email spam so we don't create it! Sign up to the money money money newsletter to get only the valuable money, careers and property info you need.Have a question or topic for the show? Post it in our Facebook group.To get help click here.Any advice is general financial advice only which does not take into account your objectives, financial situation or needs. Because of that, you should consider if the advice is appropriate to you and your needs, before acting on the information. If you do choose to buy a financial product read the product disclosure statement (PDS) and target market determination (TMD) and obtain appropriate financial advice tailored to your needs.Jessica Brady is an authorised representative of Paragem Pty Ltd. Authorised Representative No. 1259972 | AFSL | 297276 ABN | 16 108 571 875 | Corporate Authorised Representative No. 1305567. Hosted on Acast. See acast.com/privacy for more information.

Eoin McGee, Personal Finance Expert

In this episode, we're diving into a crucial topic that every working professional needs to understand: income protection. Life can throw unexpected challenges our way, and when you're unable to work, your paycheck shouldn't be one of them. Join us as we uncover the secrets to safeguarding your income, ensuring that you and your loved ones are financially secure, even when life takes an unexpected turn. Whether you're an entrepreneur, freelancer, or employee, this episode will provide practical tips and strategies to protect your earnings and maintain financial stability, no matter what comes your way. Highlights Income stopped tomorrow: What would you do? Your financial plan must work in all market conditions. Focus on the order of financial steps. Lifestyle regulator/budget: Balancing current and future needs. Cash flow management as the first step. Saving 15-20% of gross income. Importance of playing financial defense. Consequences of losing your income. Real costs and risks of disability. Insurance: A necessary preemptive measure. Restoring cash flow through insurance. Types and benefits of disability insurance. Own occupation vs. any occupation. Personal anecdote on government disability claims. Key factors: Benefit amount, waiting period, payout duration. Financial planning: Cost of peace of mind.   Links and Resources from this Episode https://www.practicalwealthadvisors.com https://www.practicalwealthsolutions.net/ Email Curtis for a free report - curtmay@gmail.com Call his office - 610-622-3121 ERC Tax Credit - https://ercspecialists.com?fpr=curtis75 Schedule a call with Curtis: https://aptwithcurtis.as.me/Strategysession CashFlow Mapping: https://practicalwealth.cashflowmapping.com/lp/PWbudgetsstink Private Reserve Strategy: https://app.agent-crm.com/v2/preview/vWh4TyHnUBXdULimd82i Text PROTECT to 833-422-0250 to get a FREE Report Special Listener Gift Schedule a 15-Minute Call with Curtis: https://aptwithcurtis.as.me/Strategysession    Review, Subscribe and Share If you like what you hear please leave a review by clicking here Make sure you're subscribed to the podcast so you get the latest episodes. Click here to subscribe with Apple Podcasts Click here to subscribe with Spotify Click here to subscribe with RSS